The UK government has brought forward its package to give the oil and gas industry a major boost as it unveiled its energy bill in parliament.

With the oil price having taken a battering in the last year, investors are understandably wary about investing in the sector.

Amid concerns about future regulation to limit greenhouse gas emissions, the company decided not to pursue its interest in a major gas field off the Indonesian coastThe biggest oil company in the world, ExxonMobil, suspected fossil fuels might be involved in climate change as early as 1981 – seven years before the issue hit the headlines, the firm’s former climate expert has revealed.

Shares soar after arbitration confirms consortium’s rights to develop, produce gas, petroleum from Khor Mor and Chemchemal fields for 25 yearsDana Gas said on Sunday the arbitration court had ruled in its favour a case against the Kurdish government, sending the company’s shares to their highest level in seven months.

From June 9-11 2015, the Petroleum Safety Authority Norway (PSA) carried out an audit of Det norske’s barrier management in the Ivar Aasen development project, located in the Norwegian North Sea.

Nigeria’s oil and gas sector is battling to acquire a skilled workforce due to inadequate training facilities at universities and reduced central government expenditure into developing these critical skills.

A fire that broke out at a pipeline of oil group Eni in Nigeria on Thursday was caused by oil thieves, the Italian company said on Saturday, as the death toll of the accident rose to 13 people.

Halliburton and Baker Hughes have entered into a timing agreement with the Antitrust Division of the U.

The effort to track the impact of a crude oil spill on the Santa Barbara coast in May hit beaches this week as far south as Orange County, officials said Saturday.

Wellsite Rental Services, LLC (“Wellsite”), a leading provider of drilling and completion rental equipment, and Viking Oil Tools (“Viking”), a specialty fishing, thru tubing and remedial services company, have agreed to merge to form Wellsite Fishing and Rental Services, LLC.